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March 27, 2020 March 27, 2020

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Commentary

xin1946

70th Anniversary Of The Founding Of The People's Republic Of China

Easy money and debt have trapped us and this recession is going to bite very deeply

March 26, 2020 March 26, 2020

Economics

Spanish flu calamity repeat ‘unlikely’

SUNDAY TELEGRAPH SPECIAL. Sydney Town Hall. Spanish flu 1920s MUST CREDIT City of Sydney Archives.

A leading economist has declared the chances of a repeat of a Spanish flu-type catastrophe ‘remote’.

March 26, 2020

Economics

9 out of 10 businesses banking on hit

A general view of Martin Place, one of the busiest pedestrian thoroughfares in the CBD, in Sydney, Thursday, March 26, 2020. Sydney's CBD is all but deserted as hundreds of thousands of workers work from home at the request of Federal and State Governments in an effort to contain the COVID-19 Coronavirus pandemic. (AAP Image/Dean Lewins) NO ARCHIVING

Ninety per cent of Australian businesses are expecting coronavirus impact, says a new ABS report that reveals where they’re already feeling the pain.

March 26, 2020

Economics

Keep the capital flowing

Digital market boards are seen at the Australian Stock Exchange (ASX) in Sydney, Monday, March 16, 2020. The ASX dropped more than 7 per cent at opening of trade today as concerns over Covid-19 grow.(AAP Image/James Gourley) NO ARCHIVING

Policymakers and regulators need to swiftly turn their attention to equity if we are to help listed companies raise life-or-death capital.

March 26, 2020

Economics

US Senate passes massive $US2.2trn stimulus bill

Senate passes $2 trillion rescue of virus-hit US economy

US Senate unanimously passes historic $US2.2 trillion stimulus bill, the biggest in the country’s history.

March 26, 2020

Business

Nervous markets want RBA detail

Philip Lowe

Even just a few weeks ago, RBA governor Philip Lowe would have bristled at the merest suggestion of quantitative easing.

March 26, 2020

Markets

RBA injects $2bn into state bonds

A general view of the Reserve Bank of Australia in Martin Place, Sydney, Tuesday, June 5, 2018. The Reserve Bank has left the cash rate unchanged at 1.5 per cent. (AAP Image/Peter Rae) NO ARCHIVING

The Reserve Bank has injected $2bn into the state government bond market.

March 26, 2020

Economics

50,000 jobs lost as virus cuts through economy

Corona Shop Watch

Up to 50,000 jobs have been axed or earmarked for cuts across corporate Australia in just days as the coronavirus hits the economy.

March 25, 2020 March 25, 2020

Economics

Power group’s key task: save jobs

COVID-19 Coordination Commissioner Neville Power at a press conference at Parliament House in Canberra, Wednesday, March 25, 2020. (AAP Image/Mick Tsikas) NO ARCHIVING

Former Fortescue chief Neville Power has vowed to take action to save jobs as he heads up a national COVID-19 commission.

March 25, 2020

Economics

Same same but different to 1930s

Anti-eviction protest demonstration in Sydney in 1931 during economic Great Depression. 1930s historical unemployed (Pic: Human Face of the Great Depression by Michael Cannon). /Demonstrations/Australia

In the second quarter of this year, output is expected to contract by 10 per cent — the same as in the first year of The Great Depression. But that’s where the similarities end.

Business Review Editor

Eric Johnston joined The Australian in July 2014. Previously he was the business editor of The Sydney Morning Herald and The Age, overseeing award-winning business coverage and driving investigative reporting. He also has worked at The AFR and as a correspondent with Dow Jones, where his stories appeared in The Wall Street Journal.

Business Review Editor

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